It’s been a good day for these ASX small-cap mining stocks – they’ve each seen their share price rocket higher on exciting discoveries.

Let’s take a closer look at what they have uncovered and how they are performing on Thursday.

2 ASX mining shares lifting on exciting news

Far East Gold Ltd (ASX: FEG)

The Far East Gold share price is surging 14% higher to trade at 33 cents on Thursday.

The company’s gain follows news from its Woyla Copper Gold Project. Samples from the project have been tested and found to house gold associated with sulphides.

The gold was identified by petrographic studies, undertaken to better understand gold occurring within samples that assayed bonanza grade gold and silver.

The studies have also helped verify a previous petrographic study on the project’s Aloe Rek vein system.

Additionally, they confirmed high-grade gold and silver mineralisation associated with ginguro banded quartz is present within all of the defined Woyla vein systems.

Carnaby Resources Ltd (ASX: CNB)

Another tiny ASX mining share enjoying a day in the green following a new discovery is Carnaby Resources. Its stock has lifted 17% to trade at 82 cents on Thursday.

The company announced “very significant” geophysical anomalies identified at the Greater Duchess Copper Gold Project this morning.

Induced polarisation (IP) surveys have recorded large and strong IP chargeability anomalies in two previously undrilled areas of the project.

The company’s managing director, Rob Watkins commented on today’s news, saying:

The undrilled 3 kilometre corridor between [the project’s Nil Desperandum prospect] and [its Lady Fanny prospect] now has two excellent deposit scale drill targets following the identification of these highly significant IP anomalies.

Watkins also noted that IP identified the original high grade discovery hole at the project’s Nil Desperandum prospect. It showed similar anomalies as those announced today.

The post 2 tiny ASX mining shares surging on new discoveries appeared first on The Motley Fool Australia.

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More reading

• What’s going on with the Beach Energy share price on Thursday?
• Here are the 3 most heavily traded ASX 200 shares on Thursday
• Why is the Xero share price leaping higher today?
• Here’s why this ASX 200 gold share is tumbling 15% to a 7-year low
• Why Cooper Energy, Lake Resources, Leo Lithium, and Zip shares are sinking

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The S&P/ASX 200 Index (ASX: XJO) has had another wild day of trading so far this Thursday. At the time of writing, the ASX 200 has rebounded higher after almost lapsing back into negative territory in early afternoon trading. The index is currently up by 0.33% at around 6,530 points.

But let’s dig a little deeper into these moves and check out the ASX 200 shares that are topping the market’s trading volume charts right now, according to investing.com.

The 3 most traded ASX 200 shares by volume this Thursday

Core Lithium Ltd (ASX: CXO)

ASX 200 lithium stock Core Lithium is our first share to check out today. So far this Thursday, a sizeable 31.3 million shares have been bought and sold.

However, there’s been no major news out of Core Lithium today. So it’s likely that this volume has been caused by the share price volatility we’ve seen today.

After yesterday’s nasty 15% drop, the company initially rebounded this morning, but has since turned negative, and is presently down by 0.94% at 84.2 cents a share.

Pilbara Minerals Ltd (ASX: PLS)

Another ASX 200 lithium stock is next up today in Pilbara Minerals. A notable 38.23 million Pilbara shares have changed hands as it currently stands. Like with Core Lithium, Pilbara shares have also had a wild day.

But we did have some news out from the company this morning. Pilbara informed investors that it accepted a relatively high price of just over US$7,000 per dry tonne for its lithium spodumene without even having to hold the usual auction process.

This news saw Pilbara shares initially spike all the way to $2.19 a share. But the share price has cooled since, and is now at $2.04, down 1.21% today. After all of this volatility, it’s perhaps no wonder that so many shares have changed hands.

Lake Resources N.L. (ASX: LKE)

Our final and most traded share today is none other than ASX 200 newcomer (and lithium stock) Lake Resources. So far, a whopping 86.4 million Lake Resources shares have been traded on the markets today.

Unfortunately, this comes after a rather horrible share price sell-off for this company. Lake Resources shares are down another 15.5% today at 71 cents a share. That puts this company’s losses since Monday at more than 54%.

The post Here are the 3 most heavily traded ASX 200 shares on Thursday appeared first on The Motley Fool Australia.

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More reading

• Why Cooper Energy, Lake Resources, Leo Lithium, and Zip shares are sinking
• Can Macquarie shares deliver an attractive dividend yield AND 30% upside in 2022?
• The Lake Resources share price has crashed 50% since joining the ASX 200 on Monday. What’s going on?
• ASX 200 midday update: Pilbara Minerals’ lithium price update, BHP tumbles
• Pilbara Minerals share price storms higher amid ‘unprecedented demand’ for lithium

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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It’s been a pretty happy day for the S&P/ASX 200 Index (ASX: XJO) so far this Thursday, although not as happy as this morning.

At the time of writing, the ASX 200 is up by 0.37% at just over 6,530 points after the index rose as high as 6,550 points earlier today.

But it’s an even happier day for the Xero Limited (ASX: XRO) share price. Xero shares have enjoyed a healthy 2.59% bump so far today to $76.94 a share as it currently stands.

This latest lift continues a trend we have been seeing for most of the week. Since Xero hit a new 52-week low of $72.53 a share last Friday, the company has risen by more than 5%.

Saying that, Xero is still down significantly over a longer time frame. The online accounting software provider’s shares have lost around 13% over the past month (even after the recent gains). It also remains down by a painful 47% over 2022 thus far.

But enough dwelling on that. So why is the Xero share price continuing to lift today?

Why is the Xero share price beating the ASX 200 today?

Well, it’s not entirely clear. There hasn’t been any news or developments out of the company itself. However, it is worth noting that Xero is not the only ASX 200 tech share currently enjoying some market-beating gains. We also see similar moves in the Block Inc (ASX: SQ2), WiseTech Global Ltd (ASX: WTC) and Altium Limited (ASX: ALU) share prices. Block shares are leading the pack, gaining 4.44% so far today.

So it’s possible Xero shares are just getting caught up in this updraft lifting most ASX tech shares today.

There is another development worth discussing, though. As we covered earlier today, rumours are flying around that Australia and New Zealand Banking Group Ltd (ASX: ANZ) is looking to acquire Xero rival MYOB. MYOB is a fellow accounting software provider used by more than a million small businesses in Australia.

MYOB was once an ASX-listed share in its own right. However, it was bought by private equity firm KKR for $2.9 billion in 2019.

So if ANZ does indeed buy MYOB, it could have implications for Xero in the Australian and New Zealand markets. But this is just a rumour at this stage. And it’s unclear whether this is impacting the Xero share price today.

Whatever the reason for the Xero share price’s strong performance today, no doubt it will come as more relief for shareholders.

At the current Xero share price, this ASX 200 tech share has a market capitalisation of $11.46 billion.

The post Why is the Xero share price leaping higher today? appeared first on The Motley Fool Australia.

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More reading

• ‘Price makers’: 3 ASX 200 shares that can pass on rising costs in an inflationary environment
• Why is Goldman Sachs tipping 50% upside for the Xero share price?
• 2 ASX tech shares Goldman Sachs rates as buys
• Is it time to go bargain hunting for ASX shares?
• 2 ASX tech shares brokers rate as buys this month

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Xero. The Motley Fool Australia has positions in and has recommended Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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S&P/ASX 200 Index (ASX: XJO) gold mining shares are having a tough day of it with gold prices down 0.25% overnight.

At the time of writing the ASX 200 is up 0.2% while the S&P/ASX All Ordinaries Gold Index (ASX: XGD), which contains miners outside of the top 200, is down 2.9%.

All the ASX 200 gold shares are in the red.

But St Barbara Ltd (ASX: SBM) is doing it particularly tough.

Why is this ASX 200 gold share tumbling to 7-year lows?

St Barbara finished last week with a strong showing, gaining 6.1% on Friday.

This week things have gone decidedly the other direction.

After posting moderate losses on Monday and Tuesday, the stock crashed 18.6% yesterday. With today’s intraday losses factored in, the miner is now down 33.6% since Friday’s close.

That puts shares at 7-year lows.

So, why the brutal sell-off?

It appears investors were less than pleased with the company’s announcement yesterday that it will delay its final investment decision on its Simberi Sulphide Project expansion and undertake a strategic review. Simberi is located in Papua New Guinea.

As The Motley Fool reported, the ASX 200 gold share will undertake the strategic review to determine the best capital allocations between Simberi and two of its other projects.

Also dragging on the St Barbara share price was the announcement that its Canada based Touquoy project faces disruption. Regulatory authorities are seeking more details on the miner’s plan to convert the Touquoy open pit into a Tailings Management Facility after it finishes the open pit mining.

St Barbara share price snapshot

The ASX 200 gold share finds itself at the bottom of the list of performers among the top listed gold stocks.

Year-to-date the St Barbara share price is down 44%, with shares down 55% since this time last year.

For some context, the ASX 200 is down 11% over the full year while the ASX Gold Index has dropped 17%.

The post Here’s why this ASX 200 gold share is tumbling 15% to a 7-year low appeared first on The Motley Fool Australia.

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More reading

• Why Blackmores, Lake Resources, St Barbara, and Zip shares are dropping
• ASX 200 midday update: St Barbara and Zip drop to multi-year lows
• Why is the St Barbara share price crashing 14% to a multi-year low?
• These were the best performing ASX 200 shares last week
• 5 things to watch on the ASX 200 on Friday

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a decent gain. At the time of writing, the benchmark index is up 0.4% to 6,534.1 points.

Four ASX shares that have failed to follow the market higher today are listed below. Here’s why they are sinking:

Cooper Energy Ltd (ASX: COE)

The Cooper Energy share price is down 22% to 24.5 cents. This follows the completion of the energy company’s institutional entitlement offer and placement. Cooper Energy raised $183 million at a 22% discount of 24.5 cents per new share. The proceeds will be used to fund the transformational acquisition of the Orbost Gas Processing Plant.

Lake Resources N.L. (ASX: LKE)

The Lake Resources share price has crashed a further 16% to 70.7 cents. This lithium developer’s shares have been hammered this week amid the sudden exit of its CEO and concerns over future prices of the white metal. In respect to the former, Lake’s CEO left without comment and sold all his 10.2 million shares the following day.

Leo Lithium (ASX: LLL)

The Leo Lithium share price has dropped 23% to 54 cents. This morning this lithium developer’s shares hit the ASX boards following a demerger from Firefinch. As part of the demerger, the company raised $100 million via an IPO at 70 cents per new share.

Zip Co Ltd (ASX: ZIP)

The Zip share price is down 3% to 45 cents. Not even a business update has been able to stop the rot. This latest decline means that Zip now has a market capitalisation of just over $300 million. To put that into context, this is less than the adjusted loss before tax it recorded in FY 2021 of $359.6 million.

The post Why Cooper Energy, Lake Resources, Leo Lithium, and Zip shares are sinking appeared first on The Motley Fool Australia.

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More reading

• The Lake Resources share price has crashed 50% since joining the ASX 200 on Monday. What’s going on?
• Own Zip shares? Here’s how much debt the company has and what this could mean amid rising interest rates
• ASX 200 midday update: Pilbara Minerals’ lithium price update, BHP tumbles
• Leo Lithium share price fails to roar and sinks 26% following demerger
• Zip share price dives 11%, closing below 50c for first time in 6 years

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended ZIPCOLTD FPO. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Lynas Rare Earths Ltd (ASX: LYC) share price has tumbled in June followed by a broader market decline.

The negative sentiment across the ASX appears to be coming from news of a potential recession in the United States.

The popular saying, “When America sneezes, Australia catches a cold” has led investors to switch to safe-haven assets.

As such, the rare earths producer’s shares are trading at $8.30, which means they are down almost 16% in June so far.

In comparison, Iluka Resources Limited (ASX: ILU), and Arafura Resources Limited (ASX: ARU) shares have also fallen in June. They are currently down 21% and 43% respectively.

Both are competitors to Lynas in the rare earths market but are some distance away from being a threat.

When looking at the sector as a whole, the S&P/ASX 200 Materials (ASX: XMJ) index has dipped 13% over the past three weeks.

What’s happened with Lynas lately?

Despite the company announcing a major deal with the US Government last week, the Lynas share price has tanked.

The release was particularly positive given that Lynas depends on China for final separation of its heavy rare earths.

In the past, China has weaponised rare earths supply to the market. And if geopolitical tensions reach boiling point in future, it is likely to happen again. This has caused Western analysts to rethink their strategy to secure the crucial commodity.

To put that into perspective, heavy rare earths are used in cutting-edge weapons and communications systems. This includes electrical power systems and magnets in the advanced, fifth-generation F-35 fighter jet.

In what should have been a day in the green for Lynas shares, investors shrugged off the good news.

It is worth noting that Lynas is the world’s second-largest producer of Neodymium-Praseodymium (NdPr), behind China. The Asian powerhouse accounted for 60% of global production of rare earths last year.

Lynas share price summary

Despite its recent slump, the Lynas share price has soared by more than 50% over the past 12 months.

The company’s shares touched a multi-year high of $11.59 in April 2022 before treading lower in the following months.

Lynas has a price-to-earnings (P/E) ratio of 28.41 and commands a market capitalisation of roughly $7.55 billion.

The post How is the Lynas share price performing against its sector this month? appeared first on The Motley Fool Australia.

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More reading

• Top brokers name 3 ASX shares to buy today
• 3 ASX 200 shares stretching higher on Wednesday
• Why Computershare, Lithium Plus, Lynas, and ResApp shares are pushing higher
• ASX 200 midday update: ResMed’s US$1bn acquisition, tech shares continue to sink
• Lynas share price sinks 9% despite major US deal

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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Consumer confidence is down as rising inflation and interest rates push up the costs of living.

ASX 200 share price movements are reflecting these concerns. The benchmark S&P/ASX 200 Index (ASX: XJO) has fallen 14% year to date.

As my Fool colleague Mitch reported last week, the latest Westpac-Melbourne Institute consumer sentiment index fell by 4.5% from the prior quarter to 86.4. A reading below 100 indicates pessimism — and the lower it goes, the more uncertain and cautious people are feeling.

Westpac chief economist Bill Evans said the June figure was not far off some of our worst financial periods. This includes COVID-19 (75.6) and the global financial crisis (79).

So in other words, Aussies are feeling pretty down in the dumps, economically speaking.

Which ASX 200 shares are the best ones to buy?

Supermarkets usually do well during periods of inflation, says Will Riggall, the chief investment officer at Clime Investment Management.

In a recent interview with the Australian Financial Review (AFR), Riggall said:

The segment of the market that has historically performed well during periods of inflation are the Australian supermarket players, namely Woolworths Group Ltd (ASX: WOW) and Coles Group Ltd (ASX: COL).

While we may see some trading down to lower-priced items, consumers will continue to buy food and other goods. The size and strength of the big two players will see margins remain stable amid a more challenging environment for the broader consumer sector.

Consumer staples over consumer discretionary

As Mitch also reported, consumers are now putting off household purchases. The ‘time to buy a major household item’ sub-index slipped 3.3% to 89.5 in June. Such a number has only been recorded prior to a severe economic contraction.

In a new note, Bell Asset Management says consumer discretionary shares face more risk than consumer staples with pricing power.

Bell Asset Management said:

At present, the economy remains on a reasonably strong footing, but there is an increased
risk of reduced consumer discretionary spending as priorities of the household wallet shift
more toward essential purchases of fuel, utilities and food.

Bell says investors often overlook company fundamentals and indiscriminately sell their ASX shares.

We are very cautious since our research and modelling shows that the magnitude of earnings downgrades will likely increase in the second half of the year.

Poor quality companies will take the brunt of the fall, whereas quality companies with pricing power will be far better placed to outperform.

As active stock pickers, it is times like this where there are large disconnects between quality and value, often making an opportune time to buy out of favour stocks.

The post Which ASX 200 shares could benefit from falling consumer confidence? appeared first on The Motley Fool Australia.

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More reading

• Has 2022 proven Woolworths is a defensive ASX share?
• How to start investing in stocks: This ASX 200 share is where I’d begin
• Analysts name 2 ASX dividend shares with attractive yields to buy next week
• Why is the Coles share price getting off lightly today?
• 2 defensive ASX dividend shares with good yields that analysts rate as buys

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended COLESGROUP DEF SET. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Webjet Limited (ASX: WEB) share price is trading 2.8% down today at $5.21. It started the session higher but has since crawled its way down to intraday lows.

Meanwhile, the benchmark S&P/ASX 200 Index (ASX: XJO) has lifted in afternoon trade and is 0.16 higher at 6,518.

More broadly, Webjet shares have whipsawed sideways these past six months. They are now trading roughly in line with their December 2021 levels.

What’s up with the Webjet share price?

ASX travel shares have gained momentum in recent days amid positive economic data showing travel spending is now above pre-COVID levels.

As the Motley Fool reported on Monday, the insights, from National Australia Bank Ltd (ASX: NAB), showed its customers spent 600% more on overseas travel in the 12 months to 1 May 2022.

In May 2022 alone, NAB customers spent $46 million on international flights, up from $43 million in 2019.

The Webjet share price also got a vote of confidence from Goldman Sachs. Its analysts reckon that Webjet is a buy, valuing the company at $6.90 per share in doing so.

The Goldman team say Webjet has a strong balance sheet and opportunities for growth, a recipe it likes.

Despite the positive reports, investors have punished the share in recent weeks, selling it down from a high of $6.13 on 8 June.

That’s after it had touched the $6.12 mark three times in the last three months, as seen on the chart below. In that time, it is down 5% after some wide volatility both ways.

This year to date, the Webjet share price has gained 1.16%. It is also up 2.95% over the past 12 months.

In comparison, the ASX 200 is down 12.48% year to date and 10.73% over the past year.

The post Why is the Webjet share price tailgating the ASX 200 today? appeared first on The Motley Fool Australia.

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More reading

• Analysts name 2 top ASX 200 shares to buy today
• ASX 200 travel shares take off again on Tuesday. Here’s why
• Why are ASX 200 travel shares lifting off on Monday?
• How did ASX 200 travel shares perform amid today’s sell-off?
• These are the 10 most shorted ASX shares

Motley Fool contributor Zach Bristow has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs. The Motley Fool Australia has recommended Webjet Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is fighting hard to stay in positive territory. At the time of writing, the benchmark index is up 0.1% to 6,516.6 points.

Four ASX shares that are climbing more than most today are listed below. Here’s why they are pushing higher:

Australia and New Zealand Banking Group Ltd (ASX: ANZ)

The ANZ share price is up 1.5% to $22.15. Investors have been buying this banking giant’s shares amid rumours that it could be making a major acquisition. ANZ is understood to be running the rule over a multi-billion-dollar purchase of accounting software company MYOB. The bank is believed to be interested in building a one-stop platform for small businesses.

Block Inc (ASX: SQ2)

The Block share price is up 3% to $87.49. This is despite the payments giant’s US listed shares having an average night on Wall Street. However, when adjusting for current foreign exchange rates, this gain brings Block’s ASX listed shares largely in line with the value of their US counterparts.

Bubs Australia Ltd (ASX: BUB)

The Bubs share price is up 3% to 64 cents. This follows the release of yet another announcement relating to its US infant formula shipments. Today’s update, the sixth in the space of a month, reveals that two planes have been sourced for its next shipments. No changes have been made to Bubs’ overall plan to ship 1.25 million tins to the US to help with shortages.

PayGroup Ltd (ASX: PYG)

The PayGroup share price is rocketing 157% higher to 94 cents. The catalyst for this impressive gain has been a takeover approach for the human capital management (HCM) solutions company. According to the release, Deel has offered $1 per share in cash, which equates to a total consideration of $119.3 million.

The post Why ANZ, Block, Bubs, and PayGroup shares are pushing higher appeared first on The Motley Fool Australia.

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• Guess which ASX software share just rocketed 150% on takeover news
• Block shares are back on the buy list for this big-name investor
• Should you ‘buy the dip’ in ASX 200 bank shares?
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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Block, Inc. The Motley Fool Australia has positions in and has recommended Block, Inc. The Motley Fool Australia has recommended BUBS AUST FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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An attractive dividend yield and a 30% upside? Well, that sounds peachy. But could Macquarie Group Ltd (ASX: MQG) shares really deliver both of those things in 2022?

Macquarie is one of the most well-followed ASX shares on the market. Many call it a bank, or even the ASX’s fifth big four bank. Macquarie does offer traditional banking products such as term deposits and mortgages. But this company does a whole lot more than just that. Macquarie is a broad player in the financial space. It does investment banking and asset management amongst other things.

And it does this exceptionally well, judging by its share price performance. Over the past five years, Macquarie shares have given investors a return of over 83%, not including dividends. That runs rings around the other big ASX bank shares like Commonwealth Bank of Australia (ASX: CBA).

Macquarie shares have a 30% upside: broker

One ASX broker reckons Macquarie shares can run even higher going forward.

As my Fool colleague James covered this week, Morgans is currently very bullish on Macquarie shares.

Although the broker notes that it will be tough for Macquarie to top the net profit after tax (NPAT) of $4.7 billion it delivered in FY2022, it is still rating the company a buy with a 12-month share price target of $215.

If that came to pass, it would indeed represent an upside of 31.25% on current pricing.

Here’s how Morgans justified its bullish outlook:

We anticipate some near-term earnings volatility over FY23 but we like MQG’s favourable longer-term growth profile and consistent history of delivering strong returns (~15% average ROE over time).

What about dividends?

Not only is Morgans pencilling in a 30% share price upside, it is also factoring in some big things when it comes to dividend payments.

The broker anticipates a full-year dividend of $7.07 per share over FY2023, and then $7.47 per share over FY2024. For some context, Macquarie has paid out $6.22 in dividends per share over FY2022, giving it a current trailing dividend yield of 3.78%.

So according to Morgans, Macquarie has a 31.25% upside over the next 12 months, with a forward dividend yield of 4.32%. No doubt that would sound pretty good for most investors. But we shall have to wait and see if Morgans’ tips prove to be accurate.

At the current Macquarie share price, this ASX 200 share has a market capitalisation of $63.1 billion.

The post Can Macquarie shares deliver an attractive dividend yield AND 30% upside in 2022? appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Macquarie Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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